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DELAFIELD, Wis. (Stockpickr) -- As part of a daily routine as an active trader or investor, one should always be tracking the stocks in the market that are making the biggest percentage gains and the biggest percentage losses.

Stocks that are making large moves to the upside are favorites among short-term traders because they can jump into these names and try to capture some of that massive volatility. Stocks that are making big-percentage moves either up or down are usually in play because their sector is becoming attractive or they have a major fundamental catalyst such as a recent earnings release. Sometimes stocks making big moves have been hit with an analyst upgrade or an analyst downgrade.

Regardless of the reason behind it, when a stock makes a large-percentage move, it is often just the start of a new major trend -- a trend that can lead to huge profits. If you time your trade correctly, combining with fundamental trends, discipline and sound money management, you will be well on your way to investment success.

With that in mind, let's take a closer look at a several stocks under $10 that are making large moves to the upside.

Neothetics

Neothetics (NEOT) , a clinical-stage specialty pharmaceutical company, engages in developing therapeutics for the aesthetic market. This stock is trading up 5% to $8.93 in Tuesday's trading session.

Tuesday's Range: $8.50-$8.98
52-Week Range: $6.11-$14.10
Tuesday's Volume: 71,000
Three-Month Average Volume: 44,471

From a technical perspective, NEOT is spiking higher here right above some near-term support at $8 with above-average volume. This move has pushed shares of NEOT into breakout territory, since the stock has cleared some near-term overhead resistance at $8.53. Shares of NEOT are now quickly approaching another big breakout trade above some key overhead resistance levels. That trade will trigger if NEOT manages to take out some key overhead resistance levels at $8.88 to $8.90 with high volume.

Traders should now look for long-biased trades in NEOT as long as it's trending above Tuesday's intraday low of $8.50 or above more near-term support at $8 and then once it sustains a move or close above those breakout levels with volume that registers near or above 44,471 shares. If that breakout starts soon, then NEOT will set up to re-test or possibly take out its next major overhead resistance levels at $10 to $10.50, or even $11.

Warren Resources

Warren Resources (WRES) , an independent energy company, engages in the exploration, development and production of domestic onshore crude oil and gas reserves This stock is trading up 2.7% to 97 cents per share in Tuesday's trading session.

Tuesday's Range: $0.94-$0.98
52-Week Range: $0.84-$7.02
Tuesday's Volume: 312,000
Three-Month Average Volume: 1.58 million

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From a technical perspective, WRES is trending higher here right above some near-term support at 88 cents per share with lighter-than-average volume. This stock has found some buying interest over the last month and change, after shares found bids when it pulled back to 84 cents the first time and 88 cents the second time, making a temporary higher low. This spike to the upside on Tuesday is now starting to push shares of WRES within range of triggering a major breakout trade. That trade will hit if WRES manages to take out some key near-term overhead resistance levels at $1.04 and then above its 50-day moving average of $1.09 with high volume.

Traders should now look for long-biased trades in WRES as long as it's trending above Tuesday's intraday low of 94 cents per share or above more near-term support at 88 cents per share and then once it sustains a move or close above those breakout levels with volume that registers near or above 1.58 million shares. If that breakout triggers soon, then WRES will set up to re-test or possibly take out its next major overhead resistance levels at $1.30 to $1.50.

Cliffs Natural Resources

Cliffs Natural Resources (CLF) - Get Cleveland-Cliffs Inc Report, a mining and natural resources company, produces iron ore and metallurgical coal. This stock is trading up 8.4% to $5.15 in Tuesday's trading session.

Tuesday's Range: $4.93-$5.32
52-Week Range: $4.12-$21.25
Tuesday's Volume: 6.19 million
Three-Month Average Volume: 8.79 million

From a technical perspective, CLF is ripping sharply higher here right above some near-term support at $4.50 with decent upside volume flows. This spike to the upside on Tuesday has now pushed shares of CLF into breakout territory, since the stock has taken out some near-term overhead resistance levels at $5.08 to $5.13. This move is now quickly pushing shares of CLF within range of triggering another big breakout trade. That trade will hit if CLF manages to take out some key overhead resistance levels at $5.48 to its 50-day moving average of $5.75 with high volume.

Traders should now look for long-biased trades in CLF as long as it's trending above Tuesday's intraday low of $4.93 or above more near-term support at $4.50 and then once it sustains a move or close above those breakout levels with volume that hits near or above 6.19 million shares. If that breakout kicks off soon, then CLF will set up to re-test or possibly take out its next major overhead resistance levels at $6.50 to $7, or even $7.28.

SandRidge Energy

SandRidge Energy (SD) - Get SandRidge Energy, Inc. Report, an oil and natural gas company, explores for and produces oil and natural gas properties primarily in the Mid-Continent region of the U.S. This stock is trading up 5.5% to $2.01 in Tuesday's trading session.

Tuesday's Range: $1.91-$2.02
52-Week Range: $1.13-$7.43
Tuesday's Volume: 6.56 million
Three-Month Average Volume: 15.34 million

From a technical perspective, SD is trending sharply higher here right off its 50-day moving average of $1.85 with lighter-than-average volume. This stock has been uptrending strong for the last month and change, with shares moving higher from its low of $1.38 to its recent high of $2.14. During that uptrend, shares of SD have been consistently making higher lows and higher highs, which is bullish technical price action. This spike to the upside on Tuesday is now starting to push shares of SD within range of triggering a near-term breakout trade. That trade will hit if SD manages to take out some key near-term overhead resistance at $2.10 to $2.14 with high volume.

Traders should now look for long-biased trades in SD as long as it's trending above its 50-day moving average of $1.85 or above more near-term support at $1.81 and then once it sustains a move or close above those breakout levels with volume that hits near or above 15.34 million shares. If that breakout materializes soon, then SD will set up to re-test or possibly take out its next major overhead resistance levels at $2.53 to $3.

This article is commentary by an independent contributor. At the time of publication, the author held no positions in the stocks mentioned.